Hyping the Energy Transition
Consumption of fossil fuels is growing faster than ever.
A Q&A With Jesse Jenkins of the REPEAT Project
Jesse Jenkins, an assistant professor at Princeton University, has gained a lot of media attention in recent years for his models that promote large-scale deployment of renewable energy.
Manchin’s infrastructure bill includes federal power grab for high-voltage transmission
Last month, the wind and solar sectors got a massive boost when President Biden signed the Inflation Reduction Act of 2022 into law. That measure gives tens of billions of dollars in new tax credits to the companies that build wind and solar projects.
After Hurricane Fiona, Puerto Rico Should Go Nuclear
Hurricane Fiona delivered another punishing blow to Puerto Rico this week. By Friday morning, more than 900,000 Puertoriqueños did not have electricity and hundreds of thousands didn’t have water.
A big win for nuclear: Palisades plant may reopen in Michigan
After years of grim forecasts and premature reactor closures, the domestic nuclear energy sector is suddenly enjoying a winning streak.
In Big Win For Nuclear, California Legislators Vote To Save Diablo Canyon
Sometimes facts and rationality win. Early this morning, California legislators passed a bill that will keep California’s last operating nuclear power plant, the Diablo Canyon Power Plant, open and operating until 2030.
Update: NRG-Funded Report Says Texas Ratepayers On Hook For $10.5 Billion Due To Uri, Oklahomans Facing $2.8 Billion In Debt
Two days ago in these pages, I estimated the utility debt related to Winter Storm Uri that will have to be repaid by Texas ratepayers may total $10.1 billion. Shortly after that piece appeared, I was alerted to an August 16 report commissioned by NRG Energy, a Houston-based independent power producer, titled “Beyond Texas: Evaluating Customer Exposure to Energy Prices Spikes, A Case Study of Winter Storm Uri, February 2021.”
Texas Consumers On Hook For $10 Billion In Debt Incurred During Winter Storm Uri
Texas ratepayers are on the hook for at least $10.1 billion in debt that was incurred during the deadly February 2021 storm and they will be paying off much of that debt for the next 30 years.
Carbon Capture Didn’t Make Sense 12 Years Ago And It Doesn’t Make Sense Now
It appears the reconciliation bill that includes some $370 billion in energy-related spending is going to become law. The measure includes a panoply of tax credits for alternative energy technologies, including incentives for electric vehicles, hydrogen, energy storage, and of course, billions of dollars in tax credits for wind and solar energy.
Big Wind And Big Solar Will Collect $113 Billion In Tax Credits This Decade, Manchin-Schumer Assures Billions More
On Thursday, Arizona Sen. Kyrsten Sinema signaled her support for the reconciliation bill now pending in Congress. By consenting, Sinema likely paved the way for a legislative package that one media outlet dubbed “the biggest and most consequential climate change bill ever passed by Congress.”